This compound is primarily utilized in the synthesis of pharmaceuticals, particularly as an intermediate in the production of active pharmaceutical ingredients (APIs). Its structure is valuable in constructing complex molecules, especially in the development of morpholine derivatives, which are often employed in drugs targeting neurological and cardiovascular conditions. Additionally, it finds application in organic synthesis as a protecting group or building block for creating more intricate chemical structures. Its role in facilitating efficient and selective reactions makes it a key component in medicinal chemistry and drug discovery processes.